Home equity loan

[Steve Fagiano]

So looking for some guidance. This is going to be my first investment property. Looking at smaller town homes in the area. Around 100-175k. Started dealing with a lender and mentioned a home equity loan since it is a fixed rate would be best. 

Is this a good place to start. Or would one recommend taking out a standard loan and putting g 15-20% down? Thanks in advance for your advice 

[Walter Pineda]

Hey, good question on in the process on using a HELOC to purchase a rental and like everything else it depends on what you want to do. You should listen to "Buying Rentals with a Heloc and then paying them off with rents with Terry Roberts" (Ep 370) Rental Income Podcast on YouTube also Buying Rental properties almost bankrupted Him with Pat Grace (EP 396) hope that helps good luck on your decision.